John Marshall Bancorp, Inc. (NASDAQ:JMSB) Short Interest Down 23.7% in December

John Marshall Bancorp, Inc. (NASDAQ:JMSB) was the target of a large drop in short interest in December. As of December 31st, there was short interest totaling 76,203 shares, a drop of 23.7% from the December 15th total of 99,937 shares. Approximately 0.6% of the company’s stock are short sold. Based on an average daily volume of 17,017 shares, the short-interest ratio is currently 4.5 days. Based on an average daily volume of 17,017 shares, the short-interest ratio is currently 4.5 days. Approximately 0.6% of the company’s stock are short sold.

John Marshall Bancorp Stock Performance

Shares of John Marshall Bancorp stock traded down $0.16 during trading on Friday, hitting $19.82. 13,322 shares of the stock were exchanged, compared to its average volume of 16,130. The stock’s fifty day moving average is $20.01 and its 200 day moving average is $19.64. John Marshall Bancorp has a 12 month low of $13.81 and a 12 month high of $21.58. The stock has a market cap of $280.97 million, a PE ratio of 14.06 and a beta of 0.68. The company has a debt-to-equity ratio of 0.31, a quick ratio of 1.06 and a current ratio of 1.06.

John Marshall Bancorp (NASDAQ:JMSB) last issued its quarterly earnings data on Wednesday, October 29th. The company reported $0.38 earnings per share for the quarter, beating analysts’ consensus estimates of $0.37 by $0.01. John Marshall Bancorp had a net margin of 17.62% and a return on equity of 7.93%. The business had revenue of $15.94 million for the quarter, compared to analysts’ expectations of $15.88 million.

Institutional Investors Weigh In On John Marshall Bancorp

Institutional investors have recently made changes to their positions in the company. Fourthstone LLC acquired a new position in John Marshall Bancorp during the second quarter worth $1,535,000. FJ Capital Management LLC boosted its holdings in John Marshall Bancorp by 29.1% during the second quarter. FJ Capital Management LLC now owns 413,353 shares of the company’s stock valued at $7,659,000 after acquiring an additional 93,226 shares during the period. Ameritas Advisory Services LLC acquired a new position in shares of John Marshall Bancorp during the 2nd quarter worth about $45,000. Atlantic Union Bankshares Corp acquired a new position in shares of John Marshall Bancorp during the second quarter worth approximately $63,000. Finally, Strs Ohio bought a new position in John Marshall Bancorp during the first quarter worth $26,000. 39.09% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Separately, Weiss Ratings reissued a “hold (c)” rating on shares of John Marshall Bancorp in a research report on Monday, December 29th. One equities research analyst has rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat, John Marshall Bancorp has a consensus rating of “Moderate Buy” and an average price target of $22.00.

About John Marshall Bancorp

John Marshall Bancorp, Inc is a bank holding company headquartered in Wake Forest, North Carolina. Through its wholly owned subsidiary, John Marshall Bank, SB, the company provides community banking services in eastern North Carolina. Its operations are centered on relationship-driven banking, serving individuals, small businesses and middle-market customers across Wake and surrounding counties.

The company offers a range of deposit products, including checking and savings accounts, money market accounts and certificates of deposit.